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Dec 20, 2012
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. >> two committees are holding hearings tomorrow on the attack on the u.s. consulate in benghazi, libya, that killed four americans. the senate foreign relations committee will hear from william burns and others preconceived that live on c-span. mr. vernes will go to the other side of capitol hill to testify about the benghazi report. that is live on c-span3 at 1:00 p.m. eastern. >> if you work for him, you would get a mercurial, sometimes generous, sometimes overbearing, boss.imes almost cruel los he did not know how to apologize. which men of his age and class are not going to apologize to gone private secretary or typist. he had a way of sort of turning the tables and his version of an apology would be to say, actually i am a very kind man and you were doing a very good job today. the issue was never settled. he always had to get the last word in. one night going through what hall, a german bomb fell nearby. he should not have been out at all. his bodyguard pushed him into a doorway and a couple of thompson's men were actually slightly wounded. churchill
. >> two committees are holding hearings tomorrow on the attack on the u.s. consulate in benghazi, libya, that killed four americans. the senate foreign relations committee will hear from william burns and others preconceived that live on c-span. mr. vernes will go to the other side of capitol hill to testify about the benghazi report. that is live on c-span3 at 1:00 p.m. eastern. >> if you work for him, you would get a mercurial, sometimes generous, sometimes overbearing, boss.imes...
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Dec 13, 2012
12/12
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the bottom line is the u.s. congress and this white house are very disjointed, because the american public is very disjointed. when the american public -- this is a town that is responsive to what their voters tell them. people don't come here and say i will disagree totally with what my constituency tells me to do. once in awhile we would hope when it requires leadership because they get more from patients and their constituents that they rise to the occasion. but i think what is important if we are going to get to that point of these five things that need to be done in order to pull the country forward, more people need to talk about. having him on this panel enunciating those four or five things is important. it is a campaign that needs to be waged, that allows people -- probably in the centers of all political parties, however many that is these days, to have that conversation. it is a lonely center. to be able to have that conversation, to enunciate it. it is something that needs to be talked to and explain
the bottom line is the u.s. congress and this white house are very disjointed, because the american public is very disjointed. when the american public -- this is a town that is responsive to what their voters tell them. people don't come here and say i will disagree totally with what my constituency tells me to do. once in awhile we would hope when it requires leadership because they get more from patients and their constituents that they rise to the occasion. but i think what is important if...
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Dec 14, 2012
12/12
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do we end with the view that the u.s. is the best performing of the advanced economies? >> the u.s. has a pretty good medium-term growth prospects. both because of the energy boom, increasing efficiencies and healthcare, and still being the world leader in technology, which is a big advantage. the other point that i think needs more emphasis, if you look over the next 10-20 years, the growth rate of the economy is slowing because of demographics, because the average education is not increasing and we will have the drag from the aftermath of the financial crisis for a long time. the next year or two or three looks better than what we have been experiencing that better means 3% growth, not 5%. >> on that note, are there any questions? no questions? i have loads more. >> [inaudible] >> can we continue to print money without causing inflation? >> one of the most challenging lines that the next chairman of the federal reserve will have to walk is unwinding the balance sheet expansion that has occurred while avoiding putting too much negative pressure on the economy. you can get that bala
do we end with the view that the u.s. is the best performing of the advanced economies? >> the u.s. has a pretty good medium-term growth prospects. both because of the energy boom, increasing efficiencies and healthcare, and still being the world leader in technology, which is a big advantage. the other point that i think needs more emphasis, if you look over the next 10-20 years, the growth rate of the economy is slowing because of demographics, because the average education is not...
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Dec 13, 2012
12/12
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we are actually here in this building, the u.s. capital -- capitol, america, your congress is in session and we're here to work. yet my republican colleagues refuse to bring up the middle class tax cut bill that is right behind me at this desk. now my colleague from texas can continue to talk about what happened in august of this year. you know, staging votes for the election, that took place. i know the results of the election. when our constituents are concerned -- what our constituents are concerned about is what happens in january, if and when we fail to do our work here now. and also, to expose that the vote that took place in august was a vote to continue the bush era tax cuts. the very same tax cuts that got us into the mess we are in right now. and they're doing that because they're holding hostage the 98% of americans who receive a tax cut under mr. walz's bill before -- that's at the desk today. and they're holding them hostage to make sure that the 2%, the wealthiest 2% don't get that tax cut. our economy is 70% driven b
we are actually here in this building, the u.s. capital -- capitol, america, your congress is in session and we're here to work. yet my republican colleagues refuse to bring up the middle class tax cut bill that is right behind me at this desk. now my colleague from texas can continue to talk about what happened in august of this year. you know, staging votes for the election, that took place. i know the results of the election. when our constituents are concerned -- what our constituents are...
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Dec 27, 2012
12/12
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the u.s. utilizing its trade deficit with the rest of the world has been operating like a huge vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america decided instead of doing what germany is doing at the moment -- which is cutting its nose to spite its face, and thereby ending the -- entering recession by cutting, cutting, cutting -- volcker as the head of the fed at a different idea. we are going to expand our dominance and are well by -- and our wealth by expanding our deficit and using our deficits to provide the rest of the world with the demand which is necessary to grow their economies, even at the expense of hours. -- ours. and who is going to pa
the u.s. utilizing its trade deficit with the rest of the world has been operating like a huge vacuum cleaner. sucking into the united states the net exports of europe, japan, and lately china. thus providing exporters -- germany, japan, or china -- with the requisite demand necessary. so, the ever expanding trade deficit was not an accident. it was a very clever way of replacing one that surplus recycling system with another. the first one, it was one where america had a surplus and america...
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Dec 20, 2012
12/12
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from 2007 to 2009, the u.s. average 10,987 homicides per year by firearm compared with an average of 182 in germany. 10,000 987 compared with an average of 182 in germany, 75 in spain and 47 in the united kingdom. mexico, their average about 5,980 annual homicides, still half of ours by firearms during that same period. colombia was higher. an executive director of the chicago crime lab has said that this is an outliar and lethal violence. other countries have similar rates of rape and battery but said because so much american violence includes guns, includes guns, the rate of death of so much higher. steady gun violence leads especially, young blacks and latino men are likely to die in a shooting. each year from 2006 to 2010, homicide is the leading cause of death for african-american males from ages 15 to 24 more than the next nine causes of death combined according to the ces for disease control and prevention. gun violence is part of a complex cycle born of poverty and residential segregation as is poor heal
from 2007 to 2009, the u.s. average 10,987 homicides per year by firearm compared with an average of 182 in germany. 10,000 987 compared with an average of 182 in germany, 75 in spain and 47 in the united kingdom. mexico, their average about 5,980 annual homicides, still half of ours by firearms during that same period. colombia was higher. an executive director of the chicago crime lab has said that this is an outliar and lethal violence. other countries have similar rates of rape and battery...
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Dec 12, 2012
12/12
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purges in over 70% of all new u.s. debt issuance fees. -- issuances. if you look at people who are buying our debt, their appetite is getting less, not greater. they are buying short-term debt because of huge interest rates risks. if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unpolluted with unemployment. -- with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and unsustainable over time. >> right. >> one of the most successful physical consolidations in the developed, democratic world in canada, in the mid 1990's, and i ask the canadian politicians how did you do it? the public went from cheering on spending to deficits within a matter of a year or two. the government in canada now risks some peril if the
purges in over 70% of all new u.s. debt issuance fees. -- issuances. if you look at people who are buying our debt, their appetite is getting less, not greater. they are buying short-term debt because of huge interest rates risks. if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because...
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Dec 21, 2012
12/12
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the typical u.s. army private, including those men and women serving us in afghanistan today, married with a newborn infant, will see a $453 increase in taxes as a result of republican plan b. on average, 25 million families will pay an average of $1,000 more so that 402,000 families who make over $1 million can get an average tax break of $50,000. that is the tax part of republican plan b. now we are here today right now talking about the cutting part of republican plan b. i think all of us recall during the election, the republican presidential candidate said "there are 47% of the people who will vote for the president no matter what." then he went on to say, "my job is not to worry about those people." you know what? the republicans'questor cutting plan today is making the nominee's promise come true. it sends a signal that our republican colleagues just do not care about the 47% because you know who gets hit -- here is what it would do. this is according to the congressional budget office. this is
the typical u.s. army private, including those men and women serving us in afghanistan today, married with a newborn infant, will see a $453 increase in taxes as a result of republican plan b. on average, 25 million families will pay an average of $1,000 more so that 402,000 families who make over $1 million can get an average tax break of $50,000. that is the tax part of republican plan b. now we are here today right now talking about the cutting part of republican plan b. i think all of us...
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Dec 14, 2012
12/12
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consequently, the u.s. federal government will continue to provide a social safety net, regulate the economy, and shoulder a substantial share of responsibility for safeguarding the social and economic basis of political equality." guest: there are always some conservatives that argue that, let's have big government. let's make it our big government. i'm not sure you can have the government the size we have and not have -- not squeeze people like the caller we have from new jersey. peter berkowitz should go talk to him, tell them -- tell her she should not mind the government. 200 years of growth during world war room and one, world war ii gave as big government. they didn't fall for that. host: grover norquist is president of americans for tax reform. atr.org. if you would like to read his text pair pledged and see some of the other information may have on their site. and the new release from today. thank you very much for being on "washington journal". >> now a look at how the fiscal cliff the impact medi
consequently, the u.s. federal government will continue to provide a social safety net, regulate the economy, and shoulder a substantial share of responsibility for safeguarding the social and economic basis of political equality." guest: there are always some conservatives that argue that, let's have big government. let's make it our big government. i'm not sure you can have the government the size we have and not have -- not squeeze people like the caller we have from new jersey. peter...
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Dec 6, 2012
12/12
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indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million small businesses in the middle of a jobs crisis. according to ernst & young, this type of rate hike would cause more than 700,000 americans to lose their jobs. it raises taxes on investment income, harming economic growth even more. it includes tens of billions of dollars in more washington spending in a deal supposedly to cut the deficit. and most outrageous of all, it gives the president of the united states unilateral power to raise the limit on the federal credit card, the so-called debt ceiling, whenever he wants or as much as he wants. and while i'm flattered the administration has taken to calling this the -- quote -- "mcconnell provision" they seemed to have forgotten how this worked in the budget control act. we gave the president the authority then to request a debt ceiling increase, but that was only after the white house agreed to $2 trillion in cuts to washington spending and agreed to be bound by the timing and amount se
indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million small businesses in the middle of a jobs crisis. according to ernst & young, this type of rate hike would cause more than 700,000 americans to lose their jobs. it raises taxes on investment income, harming economic growth even more. it includes tens of billions of dollars in more washington spending in a deal supposedly to cut the...